Booz Allen Hamilton To Help Struggling Delphi

Law360, New York (May 30, 2006, 12:00 AM EDT) -- A judge gave troubled auto parts supplier Delphi Corp. the go-ahead Tuesday to hire a consultant to continue with the company’s restructuring plan.

Judge Robert Drain said Tuesday that Booz Allen Hamilton Inc. would continue to help Delphi with its plans to save $450 million a year. Changes will include a workforce reduction and some production elimination.

Delphi hopes to emerge from Chapter 11 proceedings by the first half of 2007.

Booz Allen Hamilton is in the second phase of guiding Delphi’s restructuring. This “design” portion...